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Treasurys Prices Climb
On Interest-Rate Hopes

NEW YORK -- Treasurys ended modestly higher as investors remained optimistic that the Federal Reserve may not raise interest rates next month if economic data show sufficient slowing in growth.

Elsewhere, Fannie Mae is expected Wednesday to announce a three-part offering of as much as $10 billion. It would be the first time the agency has sold three maturities of its so-called Benchmark securities simultaneously.